If you compare the increase in value of investment property in Parkhurst, 4702 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -31.07%.
If we look at median property appreciation over just the last three months, Parkhurst has given property investors a paper return of -0.28%. This puts Suburb as 530 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Parkhurst should be aiming for at least -6.26% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Parkhurst the average time real estate has been on the market is 109.3 days.
Advertised rents are around the $285 mark per week – giving a return of 4.55% based on the median price in Suburb